GoDaddy Insider Sale: COO Disposes 1,000 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
GoDaddy Inc. (GDDY) Chief Operating Officer Roger Chen sold 1,000 shares of Class A common stock on 08/15/2025 at a price of $143.53 per share. The filing shows the sale was made pursuant to a 10b5-1 trading plan, and after the transaction Mr. Chen beneficially owned 252,949 shares. The sale was reported on Form 4 and executed through an attorney-in-fact who signed the filing on 08/19/2025.
Positive
- Trade executed under a 10b5-1 trading plan, indicating the sale was preplanned and compliant with insider trading rules
- Filing includes full disclosure of role, transaction date, price, and post-sale beneficial ownership, meeting Form 4 reporting requirements
Negative
- None.
Insights
TL;DR: Officer sale of 1,000 shares under a 10b5-1 plan; transaction appears routine and not material to share count.
The Form 4 documents a non-derivative sale by GoDaddy COO Roger Chen of 1,000 Class A shares at $143.53 each. The filing explicitly states the shares were sold pursuant to a 10b5-1 trading plan, which establishes an affirmative defense for preplanned trades and reduces the likelihood that the sale reflects new, company-specific inside information. Post-sale beneficial ownership is reported at 252,949 shares, making the disposed amount a small fraction of total holdings. From a securities analysis perspective, this single disclosed sale is routine and provides limited standalone insight into company fundamentals.
TL;DR: Disclosure follows required procedures; use of 10b5-1 plan signals compliance with insider trading rules.
The filing clearly identifies the reporting person, role (Chief Operating Officer), transaction date, price, and that the trade was executed under a 10b5-1 plan. The presence of an attorney-in-fact signature indicates the report was filed by an authorized representative. For governance review, the transaction meets disclosure standards and does not by itself indicate governance concerns given its limited size relative to the officer's remaining holdings.